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Mixed use in Bath, England, UK

Bath, United Kingdom

C0%

Mixed use

£6.475.000

13 Mar 2020

#6219

Property Details

25,528 sq.ft.

6.75 %

Other

For sale

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Fees

Investment Overview

Here is some additional information provided by the listing broker or authorized seller representative. Please contact us for further details.

Modern well-presented multi-let office park within an academic and affluent catchment Current rent of £466,500 per annum, equating to an average rent of £18.27 per sq ft An attractive AWULT of 6.98 years to expiry and 5.63 years to break 71% of the income is subject to review in 2020, providing opportunities to enhance income Freehold Bath suffers from an acute shortage of Grade A & B office space with vacancy rates currently at only 3.7% Prime rents in the city have grown by 26% over the past 3 years and are currently £31.00 per sq ft

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Market data